Writing in idahostatesman, Jerry Brady, a business man and member of Compassionate Boise, having once “snobbishly dismissed” manufactured and modular homes as flimsy and unworthy, now realizes with a shortage of some 10,000 affordable homes in south and south-central Idaho, says, “I can’t do that any longer. If you dream …
Modular Housing Suggested for 10,000 Affordable Housing Shortage Read More
MarketWatch informs MHProNews that Treasury yields are drifting lower as summer trading cools. The dollar weakens as domestic productivity falls for 3rd month. Oil prices are said to be heading towards $30 a barrel. Gasoline prices may fall below $2 a gallon nationwide before year-end. Gold closes higher to end …
UMH leads gainers, Skyline slips as MHCV trails the broader markets Read More
For the ninth consecutive quarter, builder confidence in the single family 55+ senior housing market has remained in positive territory, reports the National Association of Home Builders (NAHB) to MHProNews. “Builders and developers for the 55+ housing sector continue to report steady demand,” said Jim Chapman, chairman of NAHB’s 55+ …
Both the Democratic and Republican campaigns this year are devoting considerable energy to housing, the cornerstone of the “American Dream,” but both have different approaches to the topic, as dispatch tells MHProNews. Platforms serve more as rallying cries than actual policy initiative, and typically, the Republicans will call for less …
Housing Platforms: Dems say Up the Ante; GOP says Shut Federal Spigot, Throttle Regulators Read More
Each first Friday of the month the Labor Department’s Bureau of Labor Statistics issues its jobs report for the previous month—commonly called the U-3 number–an abundance of employment-related data, each of which has a story about the employment scene. While the official unemployment rate held steady at 4.9 percent—called the …
What’s New in public focused Manufactured HomeLivingNews.com Loans – Financing – Mortgages for Manufactured, Modular and Mobile Homes What’s New in Manufactured Housing Industry Professional News Sale of Minn. MHC challenged by Attorney General. Section 8 vouchers can now but MH. Hall of Fame inducts Class of 2016. NC MH …
Sunday Morning Recap-Manufactured Housing Industry News Aug 1-Aug. 7, 2016 Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that HUD Code production of manufactured homes in June 2016 rose 20.4 percent over June of 2015, 6,062 last year compared to 7,299 for June 2016. According to official statistics released by the Dept. of Housing and Urban Development (HUD), …
A new study by by the Research Institute for Housing America (RIHA) reveals that three of the major housing affordability indices studied do not tell a definitive story, but offer tendencies, as mpamag tells MHProNews. Donald Haurin, economics professor at Ohio State University, noting the many ways to measure housing …
Housing Affordability Data Suggestive rather than Definitive Read More
Home prices rose in June 5.7 percent year-over-year, a slight drop from the 5.9 percent rise in prices in May, as CoreLogic tells nationalmortgagenews. The increase over May was 1.1 percent, MHProNews has learned. Prices for July will increase 5.3 percent year-over-year, and 0.6 percent on a month-over-month basis, CoreLogic …
Home Prices in Northwest Nearly Double National Average Read More
The Texas Quarterly Housing Report published by the Texas Association of Realtors (TAR) reveals strong gains in the second quarter as 91,418 homes were sold in Texas, a 4.4 percent increase over last year and the highest number of home sales ever. TAR Chairman Leslie Rouda Smith said, “Texas homes …
What’s New in public focused Manufactured HomeLivingNews.com NIMBYism? Debunking Myths About Manufactured Home Communities (aka ‘Mobile Home Parks’) What’s New in Manufactured Housing Industry Professional News FEMA moving manufactured homes into four W. VA. Counties. CFPB proposes clarification of Know Before You Owe. Patrick’s revenues rise 35%. Sun’s stock projected …
Sunday Morning Recap-Manufactured Housing Industry News July 24-July 31, 2016 Read More
According to the Morning Consult Poll, buying a home remains a top priority for an overwhelming majority of Americans, according to what thehill tells MHProNews. Further, the National Association of Home Builders (NAHB) reports 82 percent of respondents feel owning a home is still a good investment. “The survey shows …
The glitz and glamor that attach to an ownership interest in businesses such as hotels, a race track or a small chain of upscale restaurants suddenly tarnishes for some when the investment being considered is manufactured home communities (MHCs). While many think of them as “mobile home parks,” or in …
While Negative Perceptions of MH Persist, the Industry Grows says Seeking Alpha Read More
The National Association of Realtors (NAR) informs MHProNews June’s Pending Home Sales Index rose slightly from May, and now is at 111, its 26th consecutive month of reading above 100, the baseline used from 2001 when the index began. Any number above 100 means that homes are going to contract …
With the unemployment rate at 4.9 percent, benchmark 30-year fixed rate mortgage rates at 3.45 percent, down from 4.04 percent a year ago, 287,000 new hires in June, a 6.4 percent increase in new home sales year to date, and 1.6 percent growth May to June, one might think the …
Site-built Home Sales Looking Good. Can it Continue? Read More
What’s New in public focused Manufactured HomeLivingNews.com The Aha! Moment – Entertainer’s Delight LifeStyle Model Home Video Tour Proud to be American, God Bless the USA, Lee Greenwood Music Video, Interview What’s New in Manufactured Housing Industry Professional News Trump’s acceptance speech unexpectedly draws favorable response on CNN. New Jersey …
Sunday Morning Recap-Manufactured Housing Industry News July 17-July 24, 2016 Read More
Marking the best month for existing home sales since Feb. 2007, the National Association of Realtors (NAR) reports homes sold at a seasonally-adjusted annual rate (SAAR) of 5.57 million homes in June, marking the fourth consecutive month of strong home sales. With an increase of over one percent from May, …
Six years after passing the Dodd-Frank Act, which was designed to avert another financial crisis, the American Action Forum (AAF) asserts Dodd-Frank has imposed over $36 billion in final rule costs plus 73 million paperwork hours. That is an increase from last year’s $24 billion in final rule costs and …
The Dodd-Frank Legacy: Billions Spent, More Designated, Questionable Gains Read More
The Commerce Department tells MHProNews that housing starts rose 4.8 percent in June to a seasonally-adjusted annual rate of 1.19 million. While the June rate was the highest since Feb., it was down from 1.21 million a year ago, according to philly. Meanwhile, construction of single-family homes increased 4.4 percent …
Housing Starts, Single-family Home Construction Shows Promise in June Read More
The National Association of Home Builders (NAHB) tells MHProNews builder sentiment slipped from 60 to 59 in July, although economists had predicted it would remain at 60, the highest number it has hit so far this year. All three components of the index—current and future sales expectations and buyer traffic—slipped. …
Builder Confidence Index Slips in July, but Still in Positive Territory Read More
